Beams Fintech Fund has invested an undisclosed sum in a $50 million Series B round for Indian debt collection SaaS platform, Credgenics. Other participants in the round include Westbridge and Accel, with existing investors Tanglin, Tital Capital, and DMI Finance. Established in 2018, Credgenics uses AI to streamline debt collection and has so far handled 40 million retail loans.
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